THE PRIME MINISTER
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No. 2108/QD-TTg
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom – Happiness
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Hanoi, November 18, 2010
 
DECISION
APPROVING THE SCHEME ON RESTRUCTURING THE VIETNAM SHIPBUILDING INDUSTRY GROUP
THE PRIME MINISTER
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the 2005 Enterprise Law;
Pursuant to the Government's Decree No. 101/2009/ND-CP of November 5, 2009, on the pilot establishment, organization, operation and management of state, economic groups;
Pursuant to the Government's Decree No. 25/ 2010/ND-CP of March 19, 2010, on the transformation of state companies into one-member limited liability companies and the organization and management of state-owned one-member limited liability companies;
Pursuant to the Government's Decree No. 132/2005/ND-CP of October 20, 2005, on the exercise of rights and performance of obligations of the state owner at state companies, and Decree No. 86/2006/ND-CP of August 21, 2006, amending and supplementing a number of articles of Decree No. 132/2005/ND-CP;
Pursuant to the Political Bureau's Conclusion No. 81/KL-TW of August 6, 2010, on the Vietnam Shipbuilding Industry Group;
At the proposal of the Minister of Transport and considering opinions of the Ministries of Finance; Planning and Investment; Labor, War Invalids and Social Affairs; and Home Affairs at the cabinet meeting on November 17, 2010,
DECIDES:
Article 1. To approve the Scheme on restructuring the Vietnam Shipbuilding Industry Group {the Group) with the following contents:
1. Objectives:

To early stabilize the Group's production and business activities for it to step by step consolidate its prestige and brand, reduce loss, earn profits, pay debts and accumulate capital for development. To concentrate on 3 major areas: building and repairing seagoing ships on an appropriate scale; allied industries for ship building and repair; and training to raise professional skills for employees and workers in the shipbuilding industry. To develop the Group as the core of the shipbuilding and repair industry which will be a spearhead in the development of the maritime economy and the implementation of Vietnam's marine strategy through 2020 and afterward.

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